Property profile

255 Decatur St Strasburg, PA 17579

OFF-MARKET
Retail space
Property ID
US73-5793154
7,170 SF 0.81 ac lot Built 1971
Entity Owned 8-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1971
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 7,170 SF
Lot 0.81 ac (35,284 SF)
Zoning code C-2
APN 570-33349-0-0000
UPID US73-5793154

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Clothing & Fashion Store

Location

255 Decatur St Strasburg, PA 17579-1489
Strasburg metro Census 14000 LANCASTER, PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.27M
Blend (final) Blend
$375k

Owner & transaction history

since 2018
7 recorded transactions
2021
Price N/A
2020
Price N/A
2018
$800,000
2007
$890,000
1999
$725,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C-2 · Strasburg, PA
Zoning description

SECTION 206 HIGHWAY COMMERCIAL ZONE (C-2) 206.1. Purpose - This Zone provides suitable locations for larger-scale and/or highway-oriented retail, service, and entertainment businesses. The uses typically involve outdoor…

General category COMMERCIAL
Top alternative use upside
Restaurant $1.5M +25.7%
Medical building $1.4M +25.0%
Auto repair, garage $1.2M +3.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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